How goods move, where they get stuck, and why it matters
TSMC produces roughly 90% of the world's most advanced chips, all of it concentrated on one island in a contested strait. The geography gets most of the attention. The harder problem is that the knowledge required to run these fabs at that level of precision took decades to build, and it doesn't move easily.
The logic behind China+1 sourcing strategies isn't wrong. The execution is significantly harder than the strategy slide suggests, and the transition has a time horizon most organizations initially underestimate by roughly a factor of two.
AI has made procurement faster at the things that were tedious and rule-based. It has not changed procurement at the things that were genuinely hard. The companies winning with it are the ones who figured out which specific tasks were burning hours and fixed exactly those.